IMARC Group has recently released a new research study titled “South Korea Ceramic Matrix Composites Market Size, Share, Trends and Forecast by Composite Type, Fiber Type, Fiber Material, Application, and Region, 2025-2033”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

South Korea Ceramic Matrix Composites Market Overview

The South Korea ceramic matrix composites market size reached USD 226.10 Million in 2024 and is projected to reach USD 445.19 Million by 2033, growing at a CAGR of 7.01% during 2025-2033. Growth is driven by demand from aerospace and defense sectors, preferences for fuel-efficient engines, and domestic R&D focus targeting high-temperature and wear-resistant components in energy applications. The market is evolving with initiatives to enhance local manufacturing capabilities and invest in advanced materials.

Study Assumption Years

• Base Year: 2024
• Historical Year/Period: 2019-2024
• Forecast Year/Period: 2025-2033

South Korea Ceramic Matrix Composites Market Key Takeaways

• Current Market Size: USD 226.10 Million in 2024
• CAGR: 7.01% during 2025-2033
• Forecast Period: 2025-2033
• The aerospace and defense sector's increasing demand for CMCs is driven by military modernization and the need for lightweight, high-temperature materials.
• South Korean government initiatives and partnerships with global defense companies prioritize advanced materials research and development.
• Growing experimentation by electric vehicle battery makers with silicon carbide-based CMCs for thermal insulation and safety components.
• Expansion of domestic CMC manufacturing capabilities aims to reduce import dependence, especially from Japan and the U.S.
• Pilot-scale production and material testing linked to aerospace engine development and UAVs are rising, positioning ceramics as strategic assets.

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Market Growth Factors

The demand for ceramic matrix composites (CMCs) in South Korea is significantly driven by the aerospace and defense sector. The country's military modernization efforts have positioned CMCs as critical materials for jet engine components, ballistic protection systems, and heat shields where metals fail under extreme conditions. Lightweight and high-temperature resistant properties of CMCs support fuel efficiency and extended system lifetimes in defense applications. Furthermore, government-backed initiatives and collaborations with global defense contractors have made advanced materials a key area for research and development, intensifying market growth.

Another notable growth driver is the increasing focus on electric vehicles (EVs) within South Korea. EV manufacturers and battery cell producers are exploring CMCs, specifically silicon carbide-based composites, for thermal insulation and structural battery enclosures. CMCs offer benefits such as low thermal conductivity and durability under high-voltage conditions, addressing battery fire and thermal runaway risks. Although adoption is currently at the prototyping stage, the potential integration of CMCs into the battery materials supply chain represents a promising new market avenue.

Additionally, South Korean firms are investing in domestic manufacturing capabilities to lower import reliance, mainly from Japan and the U.S. This includes pilot-scale manufacturing and material testing programs related to aerospace engine and unmanned aerial vehicle (UAV) development. These initiatives are reshaping the industrial materials landscape from traditional metals to ceramics, underscoring a strategic shift in material usage that supports fuel efficiency, longer-lasting components, and supply chain independence. These factors collectively fuel the South Korea ceramic matrix composites market growth.

Market Segmentation

Composite Type Insights:

• Silicon Carbide Reinforced Silicon Carbide (SIC/SIC): This segment includes ceramic matrix composites where silicon carbide fibers reinforce a silicon carbide matrix, offering superior thermal and mechanical properties.
• Carbon Reinforced Carbon (C/C): Composites in which carbon fibers are embedded within a carbon matrix, providing excellent strength and thermal resistance.
• Oxide-Oxide (Ox/Ox): Composites with oxide fibers in an oxide matrix, known for good chemical resistance and stability at elevated temperatures.
• Others: This covers any other composite types not classified under the main categories above.

Fiber Type Insights:

• Short Fiber: Ceramic matrix composites incorporating short fibers, which offer advantages in ease of manufacturing and cost-effectiveness.
• Continuous Fiber: Composites reinforced with continuous fibers, providing higher strength and load-bearing capacity.

Fiber Material Insights:

• Alumina Fiber: Fibers made from alumina, used for enhancing temperature resistance and mechanical strength.
• Refractory Ceramic Fiber (RCF): High-temperature resistant ceramic fibers used in thermal insulation and structural applications.
• SiC Fiber: Silicon carbide fibers valued for their high strength, thermal conductivity, and oxidation resistance.
• Others: Includes other fiber materials used in composite fabrication that do not fall into the categories above.

Application Insights:

• Aerospace and Defense: Use of CMCs in jet engines, heat shields, ballistic protection, and other military applications requiring high performance under extreme conditions.
• Automotive: Application of ceramic matrix composites in vehicle components, including exploration in electric vehicle battery enclosures.
• Energy and Power: Use in energy systems that require wear-resistant and high-temperature components.
• Electricals and Electronics: Application in electrical and electronic devices benefiting from CMC properties.
• Others: Covers other industries and applications using ceramic matrix composites.

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Regional Insights

The Seoul Capital Area is among the major regions analyzed within the South Korea ceramic matrix composites market. The report also covers Yeongnam (Southeastern Region), Honam (Southwestern Region), Hoseo (Central Region), and others. Specific regional market share values or growth rates are not provided in the source. The Seoul Capital Area is likely dominant due to its economic and industrial significance in South Korea.

Recent Developments & News

In August 2024, NITE Corporation and South Korea’s DACC CARBON Co. signed a technology-transfer and distributor agreement to develop C/SIC and SIC/SIC ceramic-matrix composites using the NITE‑II method. They completed engineer training in Japan, manufactured initial composites successfully, and launched an integrated manufacturing facility in South Korea to produce and sell prepreg and green sheets. This development marks a strategic advancement in domestic CMC production capabilities.

Key Players

• NITE Corporation
• DACC CARBON Co.

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